Yen weakens as risk of currency intervention remains in focus
The Japanese yen weakened on Monday, poised to extend softness for a fifth time in six sessions, as investors watched for potential currency intervention. The dollar edged higher as markets assessed the path of U.S. rate hikes.
The Japanese yen weakened on Monday and was on track to weaken for a fifth time in six sessions as investors watched for signs of possible currency intervention. S. rate hikes.